Before making goals for this year, it’s important to take a look back and analyze what worked and didn’t in 2011. Let’s take a look at what I planned to achieve last year.
Financial Goal 1: Pay off $24,000 in non-mortgage debt by December 31, 2011. I was behind at the mid-year progress check and never did catch up. We ended up paying $18,000 of this debt in 2011.
We could have made it but ended up spending $2,500 on a new bedroom set and another $4,000 on our 2012 vacation plans. However, all this spending was done with cash so I don’t consider this a failure.
Financial Goal 2: Prepare wills for both of us in the first quarter 2011. For some reason, this is the task that never gets done. I wonder if it’s psychological — who wants to think about death? I’ll be tacking this in 2012…again!
Financial Goal 3: Prepare monthly budgets and reconcile every weekend. In retrospect, there’s no reason to reconcile the budget every week. We did prepare monthly budgets and reconciled at least once a month.
Personal Goal 1: Lose 5 pounds a quarter. This is the goal I am most upset about missing. Not only did I fail to lose weight but added more to the total.
It’s impacted my health as I started cholesterol medication last year. You’ll read more about this in my 2012 plan post next week.
Personal Goal 2: Take Alaskan cruise without accruing any debt. Here’s one goal I can say was an unequivocal success! We enjoyed cruising with our extended family and did it all debt-free.
Not only that, but we also paid for next year’s trip in 2011 including most excursions.
Personal Goal 3: Walk for exercise 3 times a week and build up to half marathon in November. This one is a big fail. Other than my usual dog walking duties, there wasn’t any exercise going on. I need to address this as well in my 2012 plans.
Blog Goal 1: Increase subscriber count to 1,000. This was an aggressive goal and I didn’t make it. However, the subscriber count more than doubled in 2011 so I’m very happy with it. Thank you so much for reading.
Blog Goal 2: Increase blog income to average of $1,000 a month. This one has been a big success. Blog income averaged about $1,400 a month last year (I haven’t finished my accounting yet). I put a lot of the money back into the blog for a design, conferences and staff writing but it’s a nice way to finance our annual vacation.
Blog Goal 3: Write 1/3 of the e-book each quarter and publish it in the fourth quarter. I gave up on the e-book idea for now, but did start a new blog with my sister aptly named Two Savvy Sisters. It’s grown to 450 subscribers in nine months.
Blog Goal 4: Send out first newsletter 2nd quarter 2011. The timing was off, but the Bucksome Breeze newsletter was launched this past Fall which reminds me it’s time for another edition. 🙂 .
Some people might look at the results and think FAIL. I look at it and appreciate what was accomplished.
Goals or resolutions are there for us to stretch ourselves and hold one accountable. Without this list, I might not have accomplished any of it. How did you do with your 2011 plans?
photo by Sean MacEntee